Agency sources have maintained that documents received from Mauritius have further strengthened agency's suspicion that many companies acted as a face for telecom giants to get second generation spectrum.
The CBI has received information from Mauritius authorities sought by the agency in its on-going 2G spectrum scam probe. Agency sources have maintained that documents received from Mauritius have further strengthened agency’s suspicion that many companies acted as a face for telecom giants here to get second generation spectrum.
“We have received documents from Mauritius and it is on ‘expected lines’ of our investigation. At present we are scrutinising the received documents,” a CBI official told DNA.
The agency had sought information about 15 entities, including 10 private companies, from Mauritius, through a Letter Rogatory (LR). Thereafter, a joint team of CBI and Enforcement Directorate team visited Mauritius last month in an attempt to expedite the procedures.
As per the information available in the CBI’s LR, it had sought details of Delphi Investments Limited, Murphy Investments Ltd, Capital Global Ltd, Black Lion Ltd, Inditel Holdings, Deccan Asian Infrastructure, Aidetel Holdings, Kaif Investments, Electro Investments Ltd and Palab investments.
“We sought information in two parts. The first dealt with probe in investments by Delphi in Swan Telecom and another on fundings and financial transactions related to Loop Telecom as part of conspiracy in August 2009,” said a CBI official..
CBI official told that Mauritius authorities have provided balance sheets of the companies, registration documents and other financial transactions. After analysing them minutely, this information would be mentioned in the third charge sheet in the scam, which CBI is expected to file in the first week of July.
CBI and ED had sought information of about a dozen of companies, who has stakes in Indian Telecom company, had a common address of a building in Port Louis, capital of Mauritius. As many as 10 different entities named in connection with the 2G scam have a common address — The Les Cascades Building on the Edith Cavell Street in Port Louis.
“Most of these companies frequently changed names, equity and had the same address in Mauritius. Interestingly some of these companies were formed barely months before the allocations of spectrum in India,” CBI official added.
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
)
){kind=small}
){kind=small}
)
)
)
)
)
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}